Ethic Inc Portfolio holdings
Ethic is a technology-driven asset manager that builds personalized portfolios for financial advisers and institutions, including index-tracking portfolios shaped around each investor's taxes and values. It was founded in 2015, and its chief executive and co-founder is Doug Scott. Ethic's computer models weigh benchmark tracking, factor exposures, values screens and taxes together when building each portfolio. It also manages ETF and mutual fund model portfolios for other firms.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$23.9M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$21.9M |
| 3 |
Microsoft
MSFT
|
+$16.6M |
| 4 |
Amazon
AMZN
|
+$12.5M |
| 5 |
TCW Transform 500 ETF
VOTE
|
+$10.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intuitive Surgical
ISRG
|
+$7.82M |
| 2 |
Johnson & Johnson
JNJ
|
+$7.03M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$6.71M |
| 4 |
AbbVie
ABBV
|
+$5.81M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$5.38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.6% |
| 2 | Financials | 16.27% |
| 3 | Healthcare | 10.31% |
| 4 | Communication Services | 9.8% |
| 5 | Consumer Discretionary | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.18T
| $305M | 6.17% |
1,365,400
+103,302
| +8% | +$23.9M |
2019 Q4
21 quarters
|
|
|
2
Microsoft
MSFT
$3.89T
| $245M | 4.97% |
641,684
+40,733
| +7% | +$16.6M |
2019 Q4
21 quarters
|
|
3
NVIDIA
NVDA
$3.94T
| $237M | 4.81% |
2,154,259
+27,809
| +1% | +$3.52M |
2019 Q4
21 quarters
|
|
|
4
Amazon
AMZN
$2.88T
| $138M | 2.79% |
716,465
+57,641
| +9% | +$12.5M |
2019 Q4
21 quarters
|
|
|
5
Alphabet (Google) Class A
GOOGL
$3.63T
| $87.2M | 1.77% |
555,326
-37,000
| -6% | -$6.71M |
2019 Q4
21 quarters
|
|
|
6
Alphabet (Google) Class C
GOOG
$3.59T
| $85.2M | 1.73% |
536,082
+119,720
| +29% | +$21.9M |
2019 Q4
21 quarters
|
|
7
Meta Platforms (Facebook)
META
$1.64T
| $84.8M | 1.72% |
144,756
+10,890
| +8% | +$7.03M |
2019 Q4
21 quarters
|
|
8
Eli Lilly
LLY
$1.29T
| $61.3M | 1.24% |
76,188
+42
| +0.1% | +$34.9K |
2019 Q4
21 quarters
|
|
9
Visa
V
$794B
| $56.4M | 1.14% |
162,875
+5,508
| +4% | +$1.86M |
2019 Q4
21 quarters
|
|
10
Broadcom
AVGO
$1.65T
| $54.6M | 1.11% |
324,090
+5,060
| +2% | +$1.07M |
2019 Q4
21 quarters
|
|
11
Mastercard
MA
$576B
| $49.8M | 1.01% |
90,844
+4,810
| +6% | +$2.62M |
2019 Q4
21 quarters
|
|
12
UnitedHealth
UNH
$365B
| $47.7M | 0.97% |
91,254
+5,515
| +6% | +$2.82M |
2019 Q4
21 quarters
|
|
13
Tesla
TSLA
$1.54T
| $39.8M | 0.81% |
148,177
+3,105
| +2% | +$1.03M |
2020 Q2
19 quarters
|
|
14
Home Depot
HD
$348B
| $36.7M | 0.74% |
100,289
+5,709
| +6% | +$2.22M |
2019 Q4
21 quarters
|
|
15
Netflix
NFLX
$256B
| $32.8M | 0.66% |
353,300
+3,320
| +0.9% | +$316K |
2019 Q4
21 quarters
|
|
16
IBM
IBM
$234B
| $32.1M | 0.65% |
128,158
+4,820
| +4% | +$1.18M |
2019 Q4
21 quarters
|
|
17
AT&T
T
$149B
| $30.8M | 0.62% |
1,080,681
+56,611
| +6% | +$1.42M |
2019 Q4
21 quarters
|
|
18
Abbott
ABT
$188B
| $28.8M | 0.58% |
218,423
+30,147
| +16% | +$3.84M |
2019 Q4
21 quarters
|
|
19
Salesforce
CRM
$179B
| $28.3M | 0.57% |
104,665
+5,161
| +5% | +$1.61M |
2019 Q4
21 quarters
|
|
20
Cisco
CSCO
$376B
| $27.3M | 0.55% |
442,227
+10,465
| +2% | +$644K |
2019 Q4
21 quarters
|
|
21
Boston Scientific
BSX
$64.2B
| $27.2M | 0.55% |
268,848
+26,919
| +11% | +$2.71M |
2020 Q2
19 quarters
|
|
22
Oracle
ORCL
$391B
| $26.5M | 0.54% |
186,696
+6,536
| +4% | +$1.06M |
2019 Q4
21 quarters
|
|
23
S&P Global
SPGI
$137B
| $26M | 0.53% |
50,831
+1,542
| +3% | +$788K |
2019 Q4
21 quarters
|
|
24
Merck
MRK
$364B
| $25.5M | 0.52% |
292,645
+5,532
| +2% | +$517K |
2019 Q4
21 quarters
|
|
25
Verizon
VZ
$192B
| $25.2M | 0.51% |
556,102
+66,601
| +14% | +$2.77M |
2019 Q4
21 quarters
|
|
Similar funds
Ethic Inc's Q1 2025 Portfolio in Review
As of Q1 2025, Ethic Inc held 1,236 positions worth $4.94B, down 0.41% from $4.96B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ethic Inc deployed $182M of net new capital in Q1 2025, opening 93 new positions and adding to 628 existing holdings. Its largest new stake was Berkshire Hathaway Class A: 6 shares worth $4.8M.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 34% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Intuitive Surgical, an estimated $7.82M trimmed.
- Ethic Inc's largest Q1 2025 buy was Berkshire Hathaway Class A: 6 shares worth $4.8M.
- Ethic Inc added most to Apple in Q1 2025, an estimated $23.9M increase.
- Ethic Inc's biggest Q1 2025 reduction was Intuitive Surgical, cutting an estimated $7.82M.
- Ethic Inc fully exited Vanguard Morningstar Total Stock Market ETF in Q1 2025, selling an estimated $3.51M.
- Ethic Inc's ten largest holdings make up 27% of its $4.94B portfolio in Q1 2025.
- Ethic Inc opened 93 new positions and closed 72 in Q1 2025.
- Ethic Inc's portfolio value fell 0.41% quarter-over-quarter to $4.94B.
Based on Ethic Inc's 13F filing for Q1 2025, filed 13 May 2025.